SmarterDividends
JCE

Nuveen Core Equity Alpha Fund

JCE

Financial Services · Asset Management · Stock · quarterly payer

$17.06

Undervalued · +69% Add to Portfolio

Forward Yield

8.53%

Annual Dividend

$1.46

Payout Ratio

32%

5-Yr Growth

6.7%

Ex-Date

Sep 15, 2026

Frequency

Quarterly

Key facts about JCE's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Nuveen Core Equity Alpha Fund (JCE) has a forward dividend yield of 8.53%, based on an annual dividend of $1.46 per share and a share price of $17.06.
  • As of Oct 18, 2026, JCE's dividend safety grade from SmarterDividends is B (66 out of 100), which rates the dividend as safe.
  • JCE last cut its regular dividend in 2023.
  • JCE's most recent ex-dividend date was Sep 15, 2026, for a dividend of $0.36 per share.
  • As of Oct 18, 2026, JCE pays out 32% of its trailing 12-month earnings as dividends (its payout ratio).
  • JCE's dividend has grown at an average rate of 6.7% a year over the past five years.
  • As of Oct 18, 2026, JCE's 8.53% yield is 21% below its five-year average yield of 10.80%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for JCE is $28.79 per share, 69% above the $17.06 share price, so JCE screens as undervalued.
  • Nuveen Core Equity Alpha Fund (JCE) pays its dividend quarterly, 4 times a year.
  • Nuveen Core Equity Alpha Fund (JCE) has raised its regular dividend 7 times and cut it 10 times across the 84 payments on record since 2007. Its most recent change was a 7.1% increase to $0.364 per share, going ex-dividend on Jun 15, 2026. The last cut went ex-dividend on Mar 14, 2023.
Cite this page

SmarterDividends, "JCE Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/JCE

Summary

As of Oct 18, 2026, Nuveen Core Equity Alpha Fund (JCE) yields 8.53% ($1.46 a year per share) and has a dividend safety grade of B (66/100).

Is JCE a good dividend stock?

Yes, with caveats

Nuveen Core Equity Alpha Fund (JCE) pays a quarterly dividend yielding 8.53% ($1.46/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Comfortable payout ratio (32%)
  • Strong 6.7% 5-yr dividend growth

Risks

  • Cut its dividend in 2023
  • Very high yield can signal elevated risk

Key Data

Dividend Yield
8.53%
Payout Ratio
32%
Annual Dividend
$1.46
5-Yr Avg Growth
6.7%
Ex-Dividend Date
Sep 15, 2026
Years of Growth
0
Frequency
quarterly
Beta
—
Market Cap
$290.1M
P/E Ratio
5.6
5-Yr Total Return
0%
52-Week Range
$13.99 – $17.45
Dividend Safety
B · 66/100
Ever Cut?
Yes (2023)

JCE dividend raises and cuts

Nuveen Core Equity Alpha Fund (JCE) has raised its regular dividend 7 times and cut it 10 times across the 84 payments on record since 2007. Its most recent change was a 7.1% increase to $0.364 per share, going ex-dividend on Jun 15, 2026. The last cut went ex-dividend on Mar 14, 2023.

Ex-dateChangeOld → newMove
Jun 15, 2026Raise$0.340 → $0.364+7.1%
Mar 13, 2026Raise$0.320 → $0.340+6.3%
Mar 14, 2023Cut$0.395 → $0.320−19.0%
Mar 14, 2022Raise$0.304 → $0.395+29.9%
Mar 12, 2021Raise$0.225 → $0.304+35.1%
Jun 12, 2020Cut$0.250 → $0.225−10.0%
Mar 14, 2019Cut$0.278 → $0.250−10.1%
Sep 13, 2016Cut$0.290 → $0.278−4.1%
Mar 11, 2016Cut$0.303 → $0.290−4.3%
Jun 11, 2014Raise$0.280 → $0.303+8.2%
Dec 11, 2013Raise$0.270 → $0.280+3.7%
Sep 13, 2010Cut$0.280 → $0.270−3.6%
Show all 17 changes since 2008
Ex-dateChangeOld → newMove
Sep 11, 2009Raise$0.270 → $0.280+3.7%
Mar 11, 2009Cut$0.285 → $0.270−5.3%
Dec 11, 2008Cut$0.387 → $0.285−26.4%
Sep 11, 2008Cut$0.410 → $0.387−5.6%
Mar 12, 2008Cut$0.430 → $0.410−4.7%
Every JCE payment →Download every raise and cut (CSV)
JCE ex-dividend date & scheduleNext ex-date Sep 15, 2026 · full ex-dividend historyView →JCE dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is JCE a good dividend stock?

Yes, with caveats. Nuveen Core Equity Alpha Fund (JCE) pays a quarterly dividend yielding 8.53% ($1.46/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Is JCE undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, JCE's fair value is about $28.79 versus a $17.06 share price — so it looks undervalued (+69% vs. fair value).

Is JCE's dividend safe?

JCE has a dividend-safety grade of B (66/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2023, debt and yield-versus-history.

What is JCE's fair value?

Our blended fair-value estimate for JCE is about $28.79 per share, roughly 69% above the current $17.06 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is JCE a buy, hold, or sell?

We don't issue formal ratings, but on the data JCE screens as "yes, with caveats" and undervalued. Nuveen Core Equity Alpha Fund (JCE) pays a quarterly dividend yielding 8.53% ($1.46/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will JCE cut its dividend?

JCE earns a dividend-safety grade of B (66/100), and has cut its dividend before (last in 2023). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does JCE pay a dividend?

Yes. Nuveen Core Equity Alpha Fund pays a quarterly dividend of about $1.46 per share annually, a forward yield of roughly 8.53%.

What is JCE's dividend yield?

As of Oct 18, 2026, JCE's forward dividend yield is 8.53%, based on a $1.46 annual dividend and a $17.06 share price.

What is JCE's dividend per share?

As of Oct 18, 2026, JCE pays $1.46 per share per year, distributed on a quarterly basis.

What is JCE's dividend payout ratio?

As of Oct 18, 2026, JCE's payout ratio is 32% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has JCE grown its dividend?

JCE does not currently have a long dividend-growth streak on record.

When is the next JCE ex-dividend date?

As of Oct 18, 2026, JCE's next ex-dividend date hasn't been announced. The most recent was Sep 15, 2026, for $0.36 per share.

Income Calculator

At $1.46 / yr per share

Per payment (quarterly)$36.50
Annual$146.00
Monthly avg$12.17

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